Sentences with phrase «current shareholders of a company»

Not exact matches

«The investigations, along with current discussions among shareholders, possible changes in the board of directors and management, will be a distraction,» Moody's said in a statement March 6, also highlighting the company's «weak credit metrics.»
Net income attributable to shareholders in the quarter, based on a current cost of supplies (CCS) and excluding identified items, rose to $ 5.322 billion from a year ago, compared with a company - provided analysts» consensus of $ 5.277 billion.
«We do believe the current governance structure, with Jamie Dimon serving as both chairman and CEO, and an independent minded board, has served the shareholders well and is right for the company at this time,» said Lee Raymond, JPMorgan Chase's presiding director and the former CEO of Exxon Mobil.
She wants to keep growing Patagonia to prove that her view of capitalism can work — that a company can achieve even more success when it thinks about future generations as shareholders alongside current investors.
Cree believes that these non-GAAP measures, when shown in conjunction with the corresponding GAAP measures, enhance investors» and management's overall understanding of the Company's current financial performance and the Company's prospects for the future, including cash flows available to pursue opportunities to enhance shareholder value.
Unfortunately for U.S. companies and their shareholders, even if the current regulatory outburst proves futile on the policy front, it will cost them a lot of money and headaches.
Pantry CEO Dennis Hatchell said the combination of the two complementary companies will benefit the current Pantry shareholders and provide opportunities for most of its employees.
The Committee has carefully considered whether to maintain the Company's current classified board structure, particularly in light of last year's shareholder vote.
The company in August sold 1.5 million unregistered shares to a private investor who is also a current shareholder at a price of $ 2.10 per share, for aggregate consideration of $ 3.15 million.
Pushing the company to accept an offer from a firm such as Valeant, with a history of value destruction, is a disservice to current shareholders not an unlocking of value.
Despite the fact that the majority of shareholders oppose the activist shareholder proposals, because of the current regulatory regime, public companies must dedicate time, and money to defend against them.
Current regulations allow a company to exclude a resubmitted proposal from its proxy only if it failed to receive the support of 3 % of shareholders the last time it was voted on; 6 % if it has been voted on twice in the last five years; and 10 % if it was voted on three or more times in the last five years.
Statements in this press release are not historical facts, including but not limited to the statements regarding JHL's future plans and its ability to complete the proposed Voluntary Delisting and maximize shareholder value, represent only the current expectations, assumptions, estimates and projections of the Company and are forward - looking statements.
In his current role, Josh manages shareholder services for publicly traded and private companies out of AST's San Francisco Bay Area office where he assists with planning, developing and administering a wide range of services, including stock splits, acquisitions involving both stock and cash exchanges, corporate spin - offs, implementing and administering Direct Stock Purchase Plans, assisting clients with DRS, full dematerialization programs and shareholder information and communication campaigns.
A company's top brass works for current shareholders and part of that role is to borrow cheaply.
The company announced in August that it sold 1.5 million unregistered shares to a private investor who is also a current shareholder at a price of $ 2.10 per share, for aggregate consideration of $ 3.15 million.
Stronger iPhone prices and hints by Apple Inc on Thursday that it could return more than half of its $ 285 billion in cash to shareholders eased concerns among investors, even as the world's biggest technology company gave a disappointing revenue outlook for the current quarter.
But after the release of qualified interim accounts on Tuesday, the question that must be asked now is whether the current shareholders of Lynas will end up owning the company or whether the price of refinancing its heavily geared balance sheet will mean a change in control.
Acquisition announcements in the current climate are welcome events for shareholders of acquiring companies, said Jason Dahl, a portfolio manager at First Eagle Asset Management.
The prospect of losing valued Company employees in connection with a change in control could reduce the value of the Company to an acquirer and could thus reduce the amount current shareholders would realize in the transaction.
For clients who desire both current income and opportunity for growth, our core portfolio focuses on the strongest companies which are committed to increasing shareholder wealth through the growth of dividends over time.
«Conservatives, such as MEP Daniel Hannan; right - wing media pundits; and Barak Obama - baiting American healthcare insurance companies all view the current creeping privatisation of the NHS as a golden opportunity to maximise profits for shareholders
The information in this marketing piece and any accompanying information is subjective opinion and may not be complete, accurate or current and was paid for directly or indirectly by shareholders of the profiled company who may or will profit as a result of the preparation, publication and distribution of this marketing piece and accompanying information.
In the case of a private company, assets are transferred at current fair market value for shares of equal value in the private company; the heirs become shareholders and their wealth rises as the shares rise, while the founder's shares no longer rise in value.
Furthermore, if upon further analysis one could find that this company in fact generates an extraordinary amount of cash flow that inflows through the business, one could attempt a proxy fight and offer all the current shareholders a premium to what the company is proposing.
Since every share repurchased reduces the number of shares outstanding, buybacks mean that all current shareholders hold a greater stake in the company after the buyback.
These are companies with long track records of earnings per share growth well over 10 % annually, steady management, entrenched moats and other competitive advantages, moderate or conservatively financed balance sheets, and current execution that suggests more wealth will be minted for shareholders in the year ahead.
Thus, issuing (voting) shares means either the current shareholders reduce their proportion of owernship, or the company reissues stock it held back from a previous offering (in which case it no longer has that stock available to issue and thus has less ability to raise funds in the future).
At the end of 2011 the company had $ 103 million in current liabilities, $ 138 million in LT debt $ 21 million in other LT obligations and $ 232 million in shareholder equity.
The lack of shareholder voting has been ascribed by the company to the makeup of the current shareholder base.
The ownership interest of current KHD shareholders who can not exercise their rights will be diluted by up to 1/3 under this rights plan (if all rights are exercised there will be 3 KHD shares outstanding for every 2 KHD shares outstanding before the rights exercise), but the company will (theoretically) get a facilitated entry into the vast infrastructure building market in China.
While I'm not convinced that the full $ 4.50 per share will ever be realized by shareholders, I think that the current share price of $ 2.45 still discounts the company's assets too steeply.
As the proliferation of ETFs continues, competition for funding is forcing companies to spend more money on marketing, and that cost is passed on to current shareholders in the form of higher fees.
We also don't believe the incremental but uncertain future value of the company's NOL in a merged entity offsets the hard cash equivalent value shareholders would receive in a liquidation in the current environment.
In our current market system, company managers and boards can do almost anything they want regardless of shareholder interests.
The company has returned something like 15 - 25 % of its current market cap to shareholders in the past couple years (if I remember correctly).
I do not believe that Sajan, or the advisors hired to do the due diligence, have presented a business plan that warrants committing over $ 13 million of cash, nearly half of which will not remain in the combined company but will be distributed to the current Sajan shareholders.
The company is very efficient in using up all the cash it has and it is not necessarily for the cause of paying dividends to the shareholders (current yield, 1.2 %) or buying back common stock (net purchase in last 10 years = zero).
The current trading price of the Company's stock is $ 0.50 per share (and the 52 week range is $ 0.33 - 0.79)-- this definitively implies no confidence in the current Board or Management to maximize the value of VaxGen for its shareholders as it spends the remaining assets.
With any item on the proxy, the current Board of Directors of a company will provide recommendations on what shareholders should vote for and against.
But under current state law shareholders can elect to move their company to another jurisdiction only if the existing board of directors approves such a move — and those incumbent boards will want to stay in the management - friendly states they already inhabit.
In light of the above, we again ask you to finally show that even this Board is serious enough about its fiduciary obligations to allow shareholders, and not themselves, to decide whether to sell the Company at a substantial premium over the current market price.
When the cost of debt increases as rates rise then the companies might issue shares instead and current shareholders could see their ownership diluted.
«The requested report is unnecessary, redundant to our current practices and initiatives, and has the potential for a diversion of resources with no corresponding benefit to the company, our customers, and our shareholders, particularly in light of our ongoing packaging sustainability efforts.»
Shareholders should grill company decision - makers about the implications of the newly - released internal documents for current and potential litigation against Shell.
You seriously believe that the shareholders of Exxon Mobil and OPEC companies would allow their companies to slow the current rate of growth of fossil fuel emissions?
All current shareholders of the two companies — FIMI Opportunity Funds, Israel's leading private equity fund (FIMI), US based Paine & Partners, LLC (Paine & Partners) and Dhanna Engineering of India — will remain shareholders of the merged company and will remain active on the Board of Directors, ensuring continuity and providing strong support for the success of the merged company.
Phoenix Equity Partners, a leading UK middle - market private equity firm, has invested in Rayner Surgical Group alongside the current management team, led by CEO Tim Clover, and a number of the Company's existing shareholders.
A «complainant», in addition to being a current or former shareholder, director or officer of the company, is defined in s. 245 of the OBCA to include:
The company hope that the holders of Zerocoin will profit from the value of the token increasing rather than how current gambling providers» shareholders profit when the casino beats a punter.
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